SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : IRID - Iridium World Communications IPO Announced!
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ted Downs who wrote (311)12/16/1997 11:52:00 PM
From: Snake  Read Replies (1) of 2693
 
From what I have read and heard directly from Loral about Globalstar gateways are that they are being reduced because service providers are saying they can get the same service without the additional gateways. Makes since to me that for the cost conscious, less money for the same service level is a prudent business move. Could be a story behind the story. I will allow those more ambitious to search that out.

Actuall, refer to Valueman's comments at post 162 on the G* thread. I believe he was actually at the Loral investors conference and heard first-hand the reasoning behind less gateways. Still seems a good concept to me, but the market will tell.

As far as Globalstar being a slam dunk, I don't think it is a lay-up yet. Still got to get 42 satcoms up in 98 for service to begin in 1999. I do believe it possesses a very good risk/reward profile, as does Iridium.

Bill
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News